Socialism is a curse we should wish only on our enemies. Any society that embraces it will become sick and weak. You know you are a prisoner—or a slave—when your prison administrators can reach out and rob your savings account to pay for their lavish lifestyles. It appears that backroom deals being negotiated by bankrupt …
Category: Socialist Lies
Jul 05
Obamacare Causing 20- to 50-Percent Annual Insurance Rate Increases.
If Americans only had the courage to do nothing, and unleash the power of capitalism on health care, prices would come quickly down so that the poorest consumers could afford quality health care. Hobos, bums and vagabonds could afford quality health care if the government got out of it. Just look at the telecommunications industry …
Jul 01
High-taxing Illinois, like Greece and Puerto Rico, is nearing default on its debts.
The financial world has been reeling from a series of worldwide financial crashes. This week, high-taxing, high-regulating Greece became the world’s first “first-world” country to default on an IMF loan. On Sunday, the governor of Puerto Rico announced that his Island State’s debts are unpayable. On Monday, the U.S. Dow plummeted 350 points. Also this …
Jul 01
Stossel: The Real Erin Brockovich Reaped Millions by Shaking Down Innocent Corporations
The often-brilliant John Stossel is out with a review of the new box-office smash, Jurassic World. The movie, like many others, bashes corporations. Stossel briefly discusses the 2000 film “Erin Brockovich,” which was nominated for Best Picture and which garnered actress Julia Roberts with numerous “best actress” awards: In the movies, anti-business activists like Erin …
Jun 28
Bernie Sanders Says He will “Make Corporations Pay Their fair share” even as the U.S. has the world’s highest corporate tax rates.
U.S. Senator Bernie Sanders (Socialist-Vt), is campaigning for the Democratic nomination for President. His stump speech reportedly contains a promise to raise taxes on corporations and make them pay their “fair share.” The problem is that the U.S. already has the world’s highest corporate tax rates. Hundreds of corporations are fleeing the U.S., looking for …
Jun 28
Greek society has been destroyed by welfare and government spending.
Today, June 28, 2015: Greek and European central bankers have declared an incredible SIX-DAY CLOSURE of Greece’s banks. Greece has been bankrupted by years of welfare spending, punishment of savers and entrepreneurs, and overregulation. Now the once-proud-but-now-bankrupt nation will experience the final wages of socialism and extravagant social spending: massive poverty, unemployment, debt and perpetual …
Jun 24
Study demolishes the myth of multi-generational inherited wealth
Government trusters and advocates of violent redistribution of wealth frequently claim that the superrich are hoarding and amassing inherited investment wealth at rates that surpass the upward mobility of working classes. For example, government-trusting economist Thomas Piketty made such a claim in his book Capital in the 21st Century (2014). Piketty argued that economic inequality …
Jun 24
“Five years of wage cuts, tax increases and record unemployment”: Greeks awaken to a New Normal of ever-higher taxes and slavery to pay for their welfare state
Socialism is a curse that should be wished only on one’s enemies. Every society that embraces it will ultimately become sick and weak. Greeks are now learning the lesson that years of socialized medicine, welfare, security entitlements and big government must be paid for. The Greek people mortgaged their children’s future a generation ago, and …
Jun 07
Economist points out the uncomfortably close relationship between high taxes and slavery
Most people, if candid, would admit that a 100 percent tax rate would be akin to slavery by definition. What about a 90 percent tax rate? How about a 75 percent tax rate? Would that mean that the taxpayer is under a state of 75 percent slavery? The analogy is not perfect. (Slavery, after all …
Jun 05
The Wages of Socialism: Greece Rolls Out Its Slow-Motion Slave Status
The government of Greece, like many world governments, has been on a slow-motion ride toward solialism for decades: redistributive taxes to take money from nonapproved groups and transfer it to approved gropes by force; welfare and entitlement supports to incentivize sloth and disincentivize hard work; the constant empowerment of organized labor, which slowly decreases the …
